As of December 31, 2016, Warner Corporation reported the following: Dividends payable $37,000 Treasury stock 770,000 Paid-in capital - share repurchase 37,000 Other paid-in capital accounts 5,700,000 Retained earnings $4,700,000 During 2017, half of the treasury stock was resold for $274,000; net income was $770,000; cash dividends declared were $1,670,000; and stock dividends declared were $670,000. What would shareholders' equity be as of December 31, 2017?